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with a budget that everybody could agree on. >> cuts could slow down the economy. pentagon leaders are deeply worried about the impact on the military. the president says if congress cannot cut a big deal -- >> they should pass a smaller package of spending cuts and tax reforms. >> he is thinking short-term. get us to the fiscal year. give congress time to work on a budget. >> they should have a chance to come up with a budget instead of making cuts now that will slow down the recovery. >> both sides agree something must be done. but how? that is the fight. republican leaders are digging in their heels. john boehner said, "we believe there's a better way to reduce the deficit." part of the proposal has included cuts to entitlement programs like medicare and social security. the president signaled yesterday he may be open to some of those. hallie jackson, wbal-tv 11 news . >> some good news for the housing industry. home prices rose by more than -- the most in six and half years. prices rose by 8.3% in december. prices rose last year in 46 of the 50 states. this helps to fuel the housing recov
. the pentagon will have to find more savings. >> this is felt in be in small towns a light. >> it is not just those working for the military that will be affected . house democrats have a hearing to talk about other effects. president obama talked about the impact in an interview. >> we do not need these automatic mindless spending cuts. >> john boehner asked of the president, what is he doing to stop the sequester that would hall allowed the armed forces? as politicians squabble, leon panetta is talking with nato about how these cuts would affect our allies. >> there is a new poll out about these spending cuts. >> it says 25% of people have not heard anything about these cuts. another 25% have heard a lot about these cuts. three in 10 americans would blame the president. >> hallie jackson, thank you. defense attorneys for oscar pistorius are putting the police on trial. the lead detective faces attempted murder charges. a series of police blunders in handling the crime scene. oscar pistorius thought his girlfriend was an intruder. another round of snowstorms slamming the midwest. kansas city
is the pentagon's turn to warrant congress. more than 700,000 ciliate employes would take one day off a week without pay. president obama blamed republicans for holding up a deal. the president said emergency responders could lose their jobs. >> these cuts are not fair and it will hurt our economy. >> john boehner said the revenue debate is now closed. >> republicans are not comfortable with these defense cuts. >> lawmakers are feeling the pinch. >> this is a missed opportunity to show we're serious about deficit reduction. >> a new plant would cut the deficit over 10 years. >> both camps have to get out of their comfort zone and make these tough decisions. >> lawmakers are not likely to accept the plan. it does appear at this time that the sequester would take effect. danielle leigh, wbal-tv 11 news. >> 6:08. 32 degrees at the airport. an airline will upgrade their in-flight entertainment. >> and historic block in kansas city goes up in flames. >> another day in court for oscar pistorius, accused of murdering his girlfriend. what authorities say they found inside his home. >> i am live at t
morning. >> good morning. president obama touched on the automatic spending cuts last night. the pentagon might not have enough funds to pay for the military's health care if those cuts happen on march 1. the president bypass congress to boost the nation's cyber security. he said nuclear plants are all vulnerable to hacking and do need more protection. shares of sourcefire jumped 7% in anticipation of that news. another wow yesterday for the dow. the dow is now sitting at the highest level of the year. futures this morning are pretty quiet. netflix beefing up original programming. it already has "house of cards." there will have the first original tv series for children. a false the adventures of a snail that becomes superspeed the -- it follows the adventures of a smell that becomes a super speedy. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> now weather and traffic together on the 1's. >> good morning. we're starting out with some quiet weather. 32 at the airport. 31 in randallstown. it should be dry but chilly this morning. a mix of light rain
Search Results 0 to 3 of about 4